chemicals
Commented by Juliane Zielonka on October 30th, 2023 | 08:10 CET
Innovative technologies and raw materials: BASF, Almonty Industries and Volkswagen in focus
BASF, through its subsidiary BASF Mining Solutions, has launched a new process for extracting raw materials in the mining industry. With it, the chemical company increases speed and accuracy in the extraction of valuable raw materials. One valuable raw material is the critical metal tungsten, which is used mainly in aerospace technology. Shares of Almonty Industries, the world's leading tungsten mine operator, have shot up 11.32% over the past month. What is triggering this strong demand among investors? Meanwhile, in terms of demand, Volkswagen is feeling immense competitive pressure in the EV segment. To ensure that the Group does not lose the race, CEO Oliver Blume is opting for drastic measures.
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Commented by André Will-Laudien on September 28th, 2023 | 08:05 CEST
Attention: Extended correction - Buy the right stocks now! Bayer, Viva Gold, TUI, and BASF are on the list!
Higher inflation and rising interest rates - this connection should be clear to investors. The interest rate level in Germany has moved from negative territory to 2.77% in the 10-year range, but stocks continued to rise cheerfully. The party led to all-time highs of 16,528 points in July, but the fundamental situation of the companies deteriorated in parallel. Only after repeated warnings from the US Federal Reserve did the explosive NASDAQ also enter a correction. And it continues. Yesterday, the CEO of US investment bank JPMorgan, Dimon, warned that the world may not be prepared for 7% capital market interest rates. He and Dr. Jens Erhardt, the CEO of the asset management company DJE, warn of stronger setbacks on the stock markets. Some stocks have already undergone a strong correction. Here is a brief overview.
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Commented by Armin Schulz on September 27th, 2023 | 09:05 CEST
Nikola, Saturn Oil + Gas, BASF - A Buy in difficult times?
These are challenging times on the stock market. Central banks have not announced the end of interest rate hikes, which is poison for growth companies. In addition, extreme weather conditions are affecting the production of some companies, and there are geopolitical tensions to consider, including the ongoing Ukraine conflict and the simmering dispute between the US and China. Recently, there have also been tensions between China and Germany. Following critical statements by Foreign Minister Baerbock to China's Xi Jinping, the German ambassador was summoned. Energy shortages are becoming increasingly significant for many companies in Germany. Today, we look at three companies suffering from the problems described.
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Commented by Fabian Lorenz on September 14th, 2023 | 08:25 CEST
EU investigates BYD! Share staggers. BASF and First Phosphate bet on the battery market
Alarm bells at BYD. The European Commission is investigating the extent to which Chinese e-car manufacturers have received unauthorized subsidies for electric vehicles and can now flood the world market with cheap vehicles. This is weighing on BYD shares, which should actually benefit from the ongoing IAA. In contrast, First Phosphate reports another success. Following the preliminary economic evaluation, tests have now shown that phosphate rock from the Canadians is of high quality and suitable for producing lithium iron phosphate batteries. German chemical giant BASF is also expanding its activities in the battery sector. After setting up a plant in Germany, it is now moving to the United States. But analysts are currently skeptical about the stock.
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Commented by Juliane Zielonka on August 17th, 2023 | 07:10 CEST
Cantourage, Amazon, Bayer: Young entrants soaring, old players in reorientation
The time has finally come in Germany: the federal government has given the green light for the private use of cannabis. Since 2017, doctors in Germany have been allowed to prescribe cannabis as a therapeutic agent. The growing market in this segment has been recognized by the team at Cantourage, which focuses on the medical production of active ingredients from the hemp plant. The leadership of Bayer could use some relief. Analysts at Berenberg Bank have put the Leverkusen-based company's balance sheet through its paces and discovered a few things that have now downgraded Bayer's stock from Buy to Hold. Amazon's Cloud Business takes another step forward. The Company's in-house AI is moving into the documentation of medical health reports. Find out what it is all about here.
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Commented by Juliane Zielonka on August 3rd, 2023 | 07:35 CEST
dynaCERT, BASF, Daimler Truck AG: Investors pounce on logistics stocks, new opportunities and profit potentials
dynaCERT is developing a patented technology that generates hydrogen and oxygen on demand and delivers them through the air intake system to improve combustion and carbon emissions in various diesel engines. The Company has sold 93 HydraGEN™ units to a logistics company in Guyana to support the country's ambitious goal to reduce CO₂ emissions by 70% by 2030. BASF has cut its investment budget amid a global downturn to preserve cash. Amid takeover rumors from chemical company Covestro, BASF CEO Martin Brudermüller calls for support from the German government to improve the competitiveness of European chemical companies. Daimler Truck has launched a share buyback program in which up to 82.3 million shares may be repurchased. The Company expects a significant increase in profits with higher revenue and sales.
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Commented by Stefan Feulner on July 31st, 2023 | 09:50 CEST
BASF, Cantourage Group, Palantir - Now the analysts speak out
Currently, it is high noon for the release of first-half 2023 earnings. Despite all the uncertainties regarding geopolitical and fiscal policy, the majority of companies surprised positively. As a result, the Dow Jones, DAX, Nasdaq and others were able to climb to new highs for the year. Analysts also see further upside potential for many companies, which could accelerate the rally in the coming weeks.
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Commented by Nico Popp on July 17th, 2023 | 07:55 CEST
The hour of the problem solvers: BASF, BYD, dynaCERT
The transformation of industry is not proceeding smoothly. The best example is the recent profit warning from the chemical group BASF. Earlier, Lanxess and the Swiss company Clariant also revised their forecasts. The reason: The economic recovery in the second half of the year is likely to be slower than previously assumed. When the global economy falters, chemical companies are among the first to feel the effects - they produce many important basic materials and are linked to many other industries. Although BASF already sees demand for basic chemicals at a low level that is not expected to decline further, there are no signs of any recovery momentum either.
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Commented by Fabian Lorenz on July 14th, 2023 | 07:50 CEST
Bulls at the controls: Nel, Barrick Gold, Viva Gold! What about BASF?
Low inflation in the US has given new impetus to the bulls. Not only are growth stocks benefiting from the hope that the interest rate cycle is coming to an end, but also gold. Thus, the gold price reacted on Wednesday by jumping to over USD 1,960 per troy ounce. Top-tier gold stocks such as Barrick also responded positively. Exploration companies have significant catch-up potential, including Viva Gold. The Company is favorably valued and has again reported positive drill results. The fact that the interest rate cycle is nearing its end is also evident in the chemical industry. Most recently, BASF issued a warning, and there are sell recommendations. On the other hand, there are buy recommendations for the Nel share.
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Commented by Stefan Feulner on July 14th, 2023 | 07:30 CEST
Plug Power, First Phosphate, BASF - Turnaround in sight
After a sharp correction that lasted for months, companies in the renewable energy sector are forming a sustainable bottom. In recent trading days, the prices of water, wind and solar shares have moved significantly away from their lows. From a fundamental perspective, the future appears rosy, which could present a favourable long-term entry opportunity.
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